Louisiana Public Facilities defeases Baton Rouge General Medical bonds

By Tali David

Minneapolis, Dec. 4 - The Louisiana Public Facilities Authority defeased its series 2004 Baton Rouge General Medical Center Project FHA insured mortgage revenue bonds, according to a notice.

All bonds maturing on or after Jan. 1, 2015 will be redeemed at par plus accrued interest on July 1, 2014.

The authority originally sold $205.71 million of the bonds in November 2004.

The Bank of New York Mellon is the escrow trustee.

Baton Rouge General Medical center is a community hospital in Baton Rouge, La.

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